Based on today's classical pivot point (P1) with the value of $0.0₅3792, penny stock has support levels of $0.0₅3725, $0.0₅3626, and the strongest at $0.0₅3559. Similarly, penny stock resistance levels are at $0.0₅3891, $0.0₅3958, and $0.0₅4057.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅3725 | |
| S2 | $0.0₅3626 | |
| S3 | $0.0₅3559 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅3891 | |
| R2 | $0.0₅3958 | |
| R3 | $0.0₅4057 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 41.14 | NEUTRAL |
| Stoch RSI (14) | 9.41 | BUY |
| Stochastic Fast (14) | 6.93 | BUY |
| Commodity Channel Index (20) | -137.14 | BUY |
| Average Directional Index (14) | 25.41 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -93.07 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 38.37 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, penny stock price was most positively correlated with the price of Kaspa (KAS), Conflux (CFX), Beldex (BDX), Hyperliquid (HYPE) and Decred (DCR) and most negatively correlated with the price of Chiliz (CHZ), DeXe (DEXE), Lido DAO Token (LDO), TRON (TRX) and LEO Token (LEO).
| Name | Correlation |
|---|---|
| Kaspa | 0.742 |
| Conflux | 0.737 |
| Beldex | 0.729 |
| Hyperliquid | 0.696 |
| Decred | 0.673 |
| Name | Correlation |
|---|---|
| Chiliz | -0.767 |
| DeXe | -0.760 |
| Lido DAO Token | -0.702 |
| TRON | -0.659 |
| LEO Token | -0.568 |
penny stock price is positively correlated with the top 10 coins by market cap with a price of 0.349, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.273.
Currencies that are positively correlated with penny stock indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with penny stock, a move in one direction for penny stock would translate into a move in the opposite direction for the negatively correlated coin.
